Loblaw, George Weston to pay $500M for bread price-fixing scheme in record antitrust settlement

Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500 million to settle a class-action lawsuit regarding their involvement in a bread price-fixing scheme.

Loblaw, George Weston to pay $500M for bread price-fixing scheme in record antitrust settlement
A female shopper is shown in a grocery store in an aisle next to what appear to be bread and bakery products.

Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500 million to settle a class-action lawsuit regarding their involvement in a bread price-fixing scheme.